Dark Knight Hands In His Sword

2/1/2012 8:04AM

With former Royal Bank of Scotland chief Fred Goodwin being stripped of his knighthood because of the part he played in the collapse RBS of the in 2008, the U.K.'s honors system is under question. Heard on the Street's Andrew Peaple discusses.

This transcript has been automatically generated and may not be 100% accurate.

I ... as ... David ... Benson has ... decided to stick to his life that because of the policy paid lots of love I can stop them back into thousandeight ... the whole system of altering this is very close and this ... in the UK with titles is coming on the question ... and the people is alright but only on the system aka Hadoop let's face it ... not everybody knows ... what a night to visible of the on the system is ... a widespread don't sit ... well it's it's long been a tradition in the UK ... Q Awards two prominent people in society can be that that is said and ... it can be sportspeople actors actresses but also to people and businesses while he was caught the top of the profession ... to put ... to work and stuff like that is that Amelia was healed ... you don't just ... couldn't you'll feel but you've actually been quite good too other people ... yet sometimes the pot into the singles are ... you know people like Fred Goodwin when Roubaix was writing time it's one of the top banks in the well ... that was something that the government of the famous or infamous yet he said he did this get full services to banking well on people put that into question the policy while the reason why he lost it is because what happens obvious mean ... doesn't this put the whole ... question on the system ... as we headed to the moment on the heels of frozen out there as have the right idea loadings ... and I think that we ... it puts into question with which to keep ... the salsa night it's the sauce on it when the rightness of Korea's it just tempting fate of the things people seem to feel is that ... it's the early part of the bonus system within the sorts of of the business world in Britain ... yet I think you know you talk to succeed the songs people and companies ... in a nitrogen as St says is the kind of incentive ... said it was the icing ... on top of that career wife is happy to see school the ladies with the zeal ... it didn't work and go home ... those ladies and it was well that's that's the absolute chaos but it is quite stay because of the this database lead to is that Tom ... Mr. Goodwin Al Pompano rather on the still troubled a zone of being ... a traitor and to blunt the Mugabe well I think ... the name says it all ... in the cost of because the clientele can touch us to really get ... the ball had that night instead the way yes I think what I'll they're really does you will notice and the difference between them and in a sense of ... he'll seek to ... raise up to driving obvious without ... bringing ... about the ... financial crisis ... but ... for him that the results of people when it hasn't really commits a crime ... that sitting pretty dangerous Preston and ... services at a very good ... encouraging other people are living in this is what Metway all three companies ... why do that if you can it be vilified in this way ... this introduces the new thing that as a result of what's going on and this to be in the night to ... that ... the whole system is good have to be threefold now on I'm diseases to make it up into little bit more worried about the way you would like things ... one thing we have discussed me is quite often ... fiscal policies that have business and the support of the ... B grade ... students I was ... this entry is ... undergoing a standstill ... as a result of this this as we all know it's all part of a system where of of of bomb you know came back this he proved to be used on lots